B4ev6is Posted April 10, 2022 Share Posted April 10, 2022 8 minutes ago, RipleyRich said: He will only pay what he thinks it's worth, and with no assets to buy all he is doing is buying out the debt. I think he will pay the lot off and then give rooney some funds to spend. jimtastic56 and 1967RAMS 1 1 Link to comment Share on other sites More sharing options...
Elwood P Dowd Posted April 10, 2022 Share Posted April 10, 2022 8 minutes ago, RipleyRich said: He will only pay what he thinks it's worth, and with no assets to buy all he is doing is buying out the debt. No assets is taking it a bit far, I know for certain the club own 4 coffee mugs and a Kettle ??? Link to comment Share on other sites More sharing options...
curb Posted April 10, 2022 Share Posted April 10, 2022 I don’t think Kirchner said personally that they upped the price, but they had prices in for things he didn’t want (Preston fans believe that to be some land they’d bought to create an academy). So when he tried to take those items off the overall price because he didn’t want them they refused. So in effect they’re both right. Link to comment Share on other sites More sharing options...
Elwood P Dowd Posted April 10, 2022 Share Posted April 10, 2022 (edited) Apologies to RiplyRich You were correct about the assets I have just been informed by an ITK that Mel took the mugs and Kettle home before administration ???? Edited April 10, 2022 by Elwood P Dowd Link to comment Share on other sites More sharing options...
Guest Posted April 10, 2022 Share Posted April 10, 2022 35 minutes ago, PistoldPete said: Ridsdale surely has to stand aside on this issue from EFL side, he has a clear conflict of interest gven Kirchner's spat with Preston. I agree Pete 100%. I expect that he may be excluded from any meeting the EFL have with Q and/or CK over the proposed takeover, but then again maybe not but I hope CK would be listened to on any concerns he may have about that. However, even if Ridsdale is excluded, it is a members' club and off course Ridsdale is free to associate with other members outside those meetings and free to express his views to them. Smoke and mirrors come to mind. Before our conflicts with the EFL this past couple of years or so, I had steadfastly avoided becoming a conspiracy theorist. But now I keep hearing in my head that old song - 'My Resistance Is Low.' Link to comment Share on other sites More sharing options...
The Scarlet Pimpernel Posted April 10, 2022 Share Posted April 10, 2022 Maybe the price didn't go up but maybe the improvements required to infratructure became apparent. It is Preston after all. Link to comment Share on other sites More sharing options...
davenportram Posted April 10, 2022 Share Posted April 10, 2022 7 hours ago, RoyMac5 said: If CK wants the Club will he pay enough so we don't get -15 points? That will depend on if we get enough points to climb out of the relegation zone. If we don’t get enough pints to climb out of the bottom 3 then to me there is no point paying more to avoid the points deduction. The saving can then be used to help fund players for next season. the only time I think he will pay enough to avoid the points deduction would be if we manage to get out the bottom 3, as it would mean we stay in the championship with no points deduction. Rammy03 1 Link to comment Share on other sites More sharing options...
RoyMac5 Posted April 10, 2022 Share Posted April 10, 2022 8 minutes ago, davenportram said: That will depend on if we get enough points to climb out of the relegation zone. If we don’t get enough pints to climb out of the bottom 3 then to me there is no point paying more to avoid the points deduction. The saving can then be used to help fund players for next season. the only time I think he will pay enough to avoid the points deduction would be if we manage to get out the bottom 3, as it would mean we stay in the championship with no points deduction. The points deduction would be next season, surely? Link to comment Share on other sites More sharing options...
curb Posted April 10, 2022 Share Posted April 10, 2022 Just now, RoyMac5 said: The points deduction would be next season, surely? Amazing how people still think we could have the points deducted this season, there’s no way that will happen. Link to comment Share on other sites More sharing options...
Eatonram Posted April 10, 2022 Share Posted April 10, 2022 I would have thought the obvious line would be to take the 35% over three years option and look to be back in the champ by then. I know nuffin, FlyBritishMidland and Carnero 2 1 Link to comment Share on other sites More sharing options...
I know nuffin Posted April 10, 2022 Share Posted April 10, 2022 55 minutes ago, Elwood P Dowd said: No assets is taking it a bit far, I know for certain the club own 4 coffee mugs and a Kettle ??? Aren't two mugs at the end of their contracts......??? Link to comment Share on other sites More sharing options...
I know nuffin Posted April 10, 2022 Share Posted April 10, 2022 2 hours ago, RoyMac5 said: "When we were approached in February 2022 regarding the potential sale of the Club a number of valuations were put to us by one party culminating in an offer which was confirmed as acceptable. "This was just the start of a process that could have led to a successful takeover. Various other elements that would have been required were not completed by the bidder within the agreed timescale. "The most important point to make absolutely clear is that contrary to suggestions in the public domain we at no time increased the asking price from the price and terms included in the originally agreed offer." Wonder if finding out 12 players are out if contract at the end of this season had anything to do with him withdrawing. Could cost a lot to resign or replace Link to comment Share on other sites More sharing options...
Guest Posted April 10, 2022 Share Posted April 10, 2022 11 minutes ago, RoyMac5 said: The points deduction would be next season, surely? Yes it will be next season. It seems likely now that as thinks stand at the moment we will be relegated. But should we survive as it stands now and we get a 15 point penalty due to the CVA then that will be applied this season and we will be relegated - there could be a debate maybe if the takeover does not happen until the close season and then the penalty comes but I have copied the relevant section below. But in any event it seems to me as things stand and we go down with the 21 point deduction, any further penalty will fall next season and not this. The fourth Thursday in March was a relevant date which has passed of course. 12.3 Subject to the provisions of Regulation 12.4 below, where the Club becomes subject to or suffers an Insolvency Event, or the Board impose a deduction in accordance with Regulation 12.2: 12.3.1 during the Normal Playing Season but prior to 5.00pm on the fourth Thursday in March, the points deduction shall apply immediately; 12.3.2 during the Normal Playing Season but after 5.00pm on the fourth Thursday in March, Regulation 12.4 shall apply; and 12.3.3 outside the Normal Playing Season, the points deduction shall apply in respect of the following Season such that the Club starts that Season on minus 12 points (including in the National League if appropriate). 12.4 Where the circumstances set out in Regulation 12.3.2 apply and at the end of that Season, having regard to the number of championship points awarded (ignoring any potential deduction): 12.4.1 the Club would be relegated in accordance with Regulation 10.1.2(b) or 7.7, the points deduction will apply in the next following Season (including in the National League if appropriate); or 12.4.2 the Club would not be relegated as aforesaid, the points deduction will apply in that Season and Regulation 10.1.2(b) or 7.7 will then apply (if appropriate) following imposition of the points deduction. Link to comment Share on other sites More sharing options...
Phoenix Posted April 10, 2022 Share Posted April 10, 2022 "5.00pm on the fourth Thursday in March". A mystical date. My old boss used to point out that Easter Sunday, the most impotant date in the Christian calender, is fixed by phases of the moon. Pehaps the EFL could do something similar. SaffyRam 1 Link to comment Share on other sites More sharing options...
Tyler Durden Posted April 10, 2022 Share Posted April 10, 2022 41 minutes ago, davenportram said: That will depend on if we get enough points to climb out of the relegation zone. If we don’t get enough pints to climb out of the bottom 3 then to me there is no point paying more to avoid the points deduction. The saving can then be used to help fund players for next season. the only time I think he will pay enough to avoid the points deduction would be if we manage to get out the bottom 3, as it would mean we stay in the championship with no points deduction. The automatic assumption is that the money saved by not meeting the EFL creditors rules will then be used to enhance the transfer kitty but on what basis is this assumption being made and how much of the cash saved will be diverted to buying new players? Kirchner must be aware that he's potentially buying a League 1 club with a 15 points handicap he doesn't seem the sort of person to then piss more money up the wall. RoyMac5 and Miggins 2 Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted April 10, 2022 Share Posted April 10, 2022 2 hours ago, Abu Derby said: Well - is he wight; or is he wong? (Danny Dyer esq) This! I said yesterday, he hasn't even bought us yet and here he is arguing against fans. Now this! I feel sorry for fans who see Chris as being our saviour and the person to rescue the club. As much as I really hope you are right, I think naming Chris as PB will ultimately see our club liquidated and the administrators, who have pulled a blinder in naming Kirchner as PB, can blame him, deflecting any heat from them. Book mark me, @ me, tw@ me... Just how i see it panning out and I've never wanted to be more wrong. Steve How Hard? and alram 2 Link to comment Share on other sites More sharing options...
Miggins Posted April 10, 2022 Share Posted April 10, 2022 I hope that CK can put in as much money as he can to avoid 15 points next season. It must be in his best interest to start next season in league one with a strong team and no points deduction. Link to comment Share on other sites More sharing options...
PistoldPete Posted April 10, 2022 Share Posted April 10, 2022 1 hour ago, Brailsford Ram said: I agree Pete 100%. I expect that he may be excluded from any meeting the EFL have with Q and/or CK over the proposed takeover, but then again maybe not but I hope CK would be listened to on any concerns he may have about that. However, even if Ridsdale is excluded, it is a members' club and off course Ridsdale is free to associate with other members outside those meetings and free to express his views to them. Smoke and mirrors come to mind. Before our conflicts with the EFL this past couple of years or so, I had steadfastly avoided becoming a conspiracy theorist. But now I keep hearing in my head that old song - 'My Resistance Is Low.' It is a members club .. where everyone's interests conflict with ours. So the sense of them having a vendetta agaisnt us is because they really are all against us. But did Wigan have all these problems with EFL when they went into admin? Link to comment Share on other sites More sharing options...
therealhantsram Posted April 10, 2022 Share Posted April 10, 2022 37 minutes ago, MackworthRamIsGod said: This! I said yesterday, he hasn't even bought us yet and here he is arguing against fans. Now this! I feel sorry for fans who see Chris as being our saviour and the person to rescue the club. As much as I really hope you are right, I think naming Chris as PB will ultimately see our club liquidated and the administrators, who have pulled a blinder in naming Kirchner as PB, can blame him, deflecting any heat from them. Book mark me, @ me, tw@ me... Just how i see it panning out and I've never wanted to be more wrong. If this was Alonso I would agree. But there are several things about Kirchner that are very different... He does have a legitimate business. He has a CEO lined up. One with a good football pedigree. He has already been seen at PP watching games and seems like a genuine fan of football. I do think he is genuine in his interest, not a chancer or tyre kicker. There isnof course that possibility he could pull out for whatever reason. But I think he is genuine if naïve. Indyram, Caerphilly Ram, SaffyRam and 3 others 6 Link to comment Share on other sites More sharing options...
Tyler Durden Posted April 10, 2022 Share Posted April 10, 2022 (edited) 37 minutes ago, Miggins said: I hope that CK can put in as much money as he can to avoid 15 points next season. It must be in his best interest to start next season in league one with a strong team and no points deduction. This is what I don't understand about the whole process....so Kirchener knows if he offers x amount of money then this will satisfy the EFLs creditors rules so we avoid another points deduction....but he's not going to offer x minus 1 pound to save a quid but then condemn us to a 15 point deduction....so what's the minimum anyone has to offer to buy us? Edited April 10, 2022 by Tyler Durden Derby4Me 1 Link to comment Share on other sites More sharing options...
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